Graphs, Project Management

Graphs

The purpose of graphs is to organise, summarise and display data. The different types of graphs are line graphs, bar graphs, and circle graphs. The steps involved in preparing graphs are:

1.  Define events and data: Just like the cheek sheet it is important to determine the information that will be addressed in the graph.

2.  Design the graph: Considering the data and the audience of the graph choose the type of graph to be used.

3.  Collect data if this has not been done: A check sheet will help in this step. Data may be collected incrementally and cumulatively over time.

4.  Enter data: Prepare the graph by entering data.

Project financial information can be reported using a line graph. The line graph in figure shows how project expenditures are progressing over time in relation to the project budget.

1141_line graph.png

Figure : Line Graph

A bar graph displays data as vertical or horizontal bars. It shows data over time or data at a single point in time. Figure shows a bar graph that displays project budget and expense data by quarter for a twelve month period.

703_bar graph.png

Figure : Bar graph

A circle graph or Pie chart is also known as pie chart is used for displaying data  when  the  data  elements  and  the  whole  are  more  important  than showing data over time. Figure 4.4 shows employees in an Organisation according to education level.

82_pie chart.png

Figure : Pie Chart

Posted Date: 9/28/2012 6:51:52 AM | Location : United States







Related Discussions:- Graphs, Assignment Help, Ask Question on Graphs, Get Answer, Expert's Help, Graphs Discussions

Write discussion on Graphs
Your posts are moderated
Related Questions
Question 1: (a) What are the principal stages of a project life cycle? (b) Describe fully the steps involved in the project planning process. Question 2: "Effective

LG, the Managing Director of NWP Company, recently announced to the workforce that the Board had agreed to the establishment of a set of new working practices which should lead to

Backward Integration A strategy in which an organization builds competitive benefits by controlling the provider of the raw materials needed to make its products.

What are the processes of producing budgets? The process of producing budgets: • A budget manual is formed to provide instructions, delegate responsibilities, reporting line

Empowering the staff assists to accomplish optimal business results through team work. Empowerment occurs when employees are adequately trained, provided with all relevant inf

what is the maniipulated variable in a wood experiment

However proving a design defect can be difficult. Some of the factors used by the jury to asses s whether a product design is defective and unreasonably dangerous are: 1.The utili

Quality Measurement Procedure: Quality as a strategic issue implies (i) acceptance of the importance of customer requirements throughout the organization,  (ii) the identifica

External Factors Opportunity This plan will build a good image for Maribyrnong Council, even Melbourne. The opportunity for Maribyrnong Council, there maybe will attrac

A strategy for project implementation Projects involving  small number  of  activities,  resources,  constraints  and inter-relationship can be visualized easily by the human m